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Scholar Basis provides a recuperable grant product called Basis Zero that transforms philanthropic capital into a renewable stream of student financial aid. This 0% APR, income-contingent repayment structure offers student-friendly terms with no obligation while earning below a set threshold. The platform uses ML models to manage operations, enabling institutions to extend aid budgets while providing students with debt-free pathways to higher earnings.
Updated 2 months ago
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Product
Features
- Scholar Basis provides Basis Zero, a student-centered financial aid product structured as a recuperable grant that transforms philanthropic capital into a renewable funding stream for institutions. This 0% APR product features income-contingent repayments with no obligation below a set earnings threshold, ensuring student affordability post-graduation. The platform uses ML models to manage operations and predict recuperation timelines, allowing institutions to extend aid budgets significantly while providing long-term student support.